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The Hose Monster Company

The Deal

Bought By
Michael Tobey
Year
Not published by any primary source
His own answers of March 2022 say he joined the peer group very shortly after acquiring the company and had been a member about three years, and the page's introduction says he acquired it three years before; neither prints a year. Endurance's card prints the year it backed his search, 2017, and Relay's past-fund card a date of April 29, 2019, which is the backer's date. No Form D under the vehicle, the company or his surname.
Vehicle
Springline Partners, backed by Endurance Search Partners and Relay Investments
Kind
Physical operations

A Lake Zurich, Illinois maker of equipment for testing fire pumps, standpipes and fire hydrants, founded in 1993.

What Happened Next

Sold in May 2024 to Detectortesters, an Inflexion portfolio company, by trade coverage of the buyer's announcement, which names no seller; the company's site now places its trademark owner in Noventis Safety group, and both backers file it as exited.

The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.

Backed by the Same Firms

Endurance Search Partners

Relay Investments

Method & Source

This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts rather than inferred.